ACS

ACS provides airtime credit to prepaid mobile phone users. In our markets on average 96% of mobile subscribers are pre-paid. ACS is effectively a cashless micro loan, typically around $1.00 or less, which is repaid from the next mobile phone top-up. ACS allows users to continue accessing mobile phone services even when they have run out of their prepaid airtime, data or sms package and enables a subscriber to continue to stay seamlessly connected.

MODE determines the amount of credit each user qualifies for based on a range of criteria using our proprietary credit models. The users can access airtime as many times as necessary – as long as previous airtime advances have been repaid.
This is an essential service for both customers and mobile operators. Users are able to make phone calls even when they run out of prepaid calling time, generating incremental revenue for mobile operators whilst increasing customer loyalty and reducing customer churn. MODE’s experience suggests that introduction of ACS increases average revenue per user (ARPU) by at least 10%.

Nano

Nano is a multi channel loan service that allows qualified mobile phone users to request an advance either on their salary or based on their mobile usage when a user needs a quick, convenient, and reliable access to funds on a short notice to bridge a possible gap between the regular paycheques.

Loans are provided on request via mobile phone in line with pre-determined limits and repaid automatically from the next salary or regular payment to the users’ mobile accounts. This ensures lower risk and lower interest rates, and avoids accumulation of interest unlike payday loans. The users are also offered non-cash credit to pay for services such as utilities where wholesale discounts enable further interest reduction and make the loans very affordable for the users.

Air Rewardz

Air Rewardz is a new app based mobile application offered by MODE that allows users to access free airtime as a reward for downloading and installing third party application on their smartphone. After completing registration, a user is presented with a list of supported apps along with free airtime associated with downloading each app. When a user downloads an app they receive a notification confirming the amount credited their account with the mobile operator.

Air Rewardz allows a user to access free airtime with the added convenience of not going to a vendor, opportunity to discover new and interesting apps.

Remittance

Remittance is an app, which allows users send and withdraw money, as well as make payments via mobile phone. It is a much cheaper, convenient and faster way of moving money, comparing to those offered on high street.

Funds can be used for a bill payment, balance top up or withdrawing cash from an ATM.